June 5 (Reuters) - Sika sees growth
opportunities in China's renovation market and infrastructure
construction in the U.S., the Swiss construction chemicals
manufacturer's CEO Thomas Hasler said in an interview with
Finanz und Wirtschaft published on Friday.
* Sika has further fragmented its business in China to adapt
to the local market, which is not uniform, Hasler said.
* Sika has re-calibrated its business model there,
originally very heavily focused on new-build projects, to also
focus on the renovation business, especially in already almost
saturated markets such as Shanghai, Beijing and Guangzhou.
* It sees sustained growth in its automotive business in
China, despite the withdrawal of subsidies for EVs.
* Sika sees growth opportunities in U.S. infrastructure
construction, which is largely unaffected by President Donald
Trump's aversion to renewables, Hasler added.
* Sika is expanding market share in the construction of
traditional infrastructure such as roads or bridges there, while
seeing a slump in the commercial construction sector, where
reshoring was a significant growth driver until the tariff
escalation.
* Hasler deemed data centres "a definite growth driver" as
operators want the most secure buildings to avoid disruptions to
operations.
* He said the company's data centres pipeline is full as the
sector is booming in Europe and Asia too.
* Sika senses hope for improvement among its customers in
markets such as Germany and France due to rising figures for
building permits, despite ongoing weakness.
(Writing by Linda Pasquini; Editing by Alexander Smith)